H&M to cut costs as profits hit by inflation, cautious shoppers
By Anna Ringstrom STOCKHOLM (Reuters) – H&M, the world’s No.2 fashion retailer, launched a 2 billion Swedish crown ($1..
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CEO Blume hails ‘historic moment’ as Porsche AG lists on Frankfurt exchange
FRANKFURT (Reuters) – Porsche AG Chief Executive Oliver Blume rang the bell and hugged colleagues on what he called the “h..
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Polish e-commerce leader Allegro trims forecast over inflation fears
By Anna Pruchnicka (Reuters) – Poland’s biggest e-commerce company Allegro trimmed its full-year guidance on Thursday for ..
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M&G appoints former head of AXA Investment Managers Andrea Rossi as new CEO
LONDON (Reuters) – British investment manager M&G said on Thursday that Andrea Rossi, a former head of AXA Investment Manage..
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Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout
By Sinead Cruise, Alistair Smout and Elizabeth Piper LONDON (Reuters) – As new British finance minister, Kwasi Kwarteng hoped to..
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U.S. says it has agreed Pacific Islands partnership, offering ‘big dollar’ aid
By David Brunnstrom, Alexandra Alper and Michael Martina WASHINGTON (Reuters) -The United States said at a summit with Pacific island ..
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Cricket-Injured Buttler ‘progressing well’ ahead of T20 World Cup
(Reuters) – England’s limited-overs captain Jos Buttler said he is making good progress in his recovery from a calf injury..
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UK car output rises in August, soaring costs cast shadow over recovery
(Reuters) – British car production rose for a fourth straight month in August, compared with a year earlier, although record inp..
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UK banks told to reimburse customers tricked by scams
xBy Huw Jones LONDON (Reuters) – Banks will have to reimburse customers tricked into sending money in a type of online scam that..
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Private equity funds approach Italy’s Serie A to explore media rights deal -sources
By Elvira Pollina MILAN (Reuters) -Apax Partners, Three Hills Capital Partners, Carlyle Group and Searchlight Capital have approached ..
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